
Quarterly Result25 May 2026, 09:03 pm
Harrisons Malayalam Ltd Audited Financials for FY26 Approved
AI Summary
Harrisons Malayalam Ltd has announced the approval of its audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026. The Board meeting, held on May 25, 2026, also approved the audited financial statements for the same period and the Forensic Audit Report submitted by Internal Auditors, M/s. Suri & Co. The audit report, issued by M/s. Walker Chandiok & Co. LLP, has an unmodified opinion. A forensic audit revealed instances of misappropriation of company funds at the estate level by junior employees, prompting corrective actions and strengthened internal controls.
Key Highlights
- Audited financial results (standalone and consolidated) for FY26 approved.
- Walker Chandiok & Co. LLP issued an audit report with an unmodified opinion.
- Forensic audit revealed misappropriation of funds by junior employees.
- Corrective and disciplinary actions initiated against involved individuals.
- Internal control mechanisms are being strengthened at estate and head office levels.
Price Impact
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